Fri, 27 May 2022

Vietnam fires head of stock exchange over corruption

HANOI, Vietnam: Vietnam's government announced that it has removed Le Hai Tra, general director of the Ho Chi Minh Stock ...

Major US tech firms slow hiring, reduce staffs due to market slowdown

NEW YORK CITY, New York: Tech firms have slowed or frozen hiring, and even accelerated layoffs, in response to the ...

McDonald's operator buys all 850 Russian branches as company departs

MOSCOW, Russia: McDonald's has announced that it will sell all its branches in Russia to one of its local licensees, ...

Indian private space launch company Skyroot sees first launch in 2023

NEW DELHI, India: Skyroot, India's first privately held company to design, build and test a solid rocket propulsion system, successfully ...

Ireland reverses South Dublin County Council ban on data centers

DUBLIN, Ireland: In a message sent to the international high tech community, Ireland's state planning watchdog has ordered the South ...

Strain of Ukraine war causes Russian defense spending to increase 40%

MOSCOW, Russia: According to preliminary data released by the finance ministry this week, almost three months after Moscow's invasion of ...

With cash reserves running low, Pakistan bans imports of luxury goods

ISLAMABAD, Pakistan: Pakistan has banned the import of all non-essential luxury goods in an effort to stabilize the economy, describing ...

German Allianz pays $6 billion in fraud case, officials plead guilty

WASHINGTON D.C.: After its U.S. asset management unit pleaded guilty to criminal securities fraud after the collapse of a group ...

Imran Khan ripes into Pakistan govt after hike in petroleum products, praises India

Islamabad [Pakistan], May 27 (ANI): While invoking the name of India, former Pakistan Prime Minister Imran Khan yet again slammed ...

Inflation in Russia under control Central Bank

The regulator says the economy has stabilized, but still needs to adapt to the new conditionsThe Russian economy has managed ...

India Defends Wheat Export Ban

India has defended its decision to ban exports of wheat after initially saying it would help ease a global supply ...

US Economy Shrank by 1.5% in Q1 but Consumers Kept Spending

WASHINGTON - The U.S. economy shrank in the first three months of the year even though consumers and businesses kept ...

Honeywell launches India Youth Teckathon 2022 in association with ICT Academy and UiPath Academic Alliance

Chennai (Tamil Nadu) [India], May 26 (ANI/NewsVoir):The event seeks to help students build, enhance, and test their Robotic Process Automation ...

Ongoing bailout deal with IMF 'outdated': Pak Foreign Minister Bilawal

Islamabad [Pakistan], May 26 (ANI): With the blame game still on between the present and former governments in Pakistan over ...

Amid economic crisis, Sri Lankan PM calls for policy decisions based on export-oriented economy

Colombo [Sri Lanka], May 26 (ANI): Amid Sri Lanka's economic meltdown, Prime Minister Ranil Wickremesinghe has elucidated the need to ...

Hospitals in Lebanon face shutdown risks amid foreign currency shortage: Report

Beirut [Lebanon], May 26 (ANI/Xinhua): Lebanon's syndicate of private hospitals warned on Thursday that many Lebanese hospitals are facing the ...

Russian Central Bank Reduces Key Rate From 14 per cent to 11 per cent per annum

Moscow [Russia], May 26 (ANI/Sputnik): The Russian Central Bank decreased the key rate from 14 pre cent to 11 per ...

Innodisk showcases innovative edge AI computing capabilities at Computex 2022

Taipei [Taiwan], May 26 (ANI/PRNewswire):At Computex 2022, Innodisk exhibited the world's first industrial-gradeOffering a temperature tolerance of -40, all the ...

Sensex trades weak for 4th straight day; RIL, HUL slide

Mumbai (Maharashtra) [India], May 26 (ANI): The Indian stock market's benchmark Sensex was trading in the red for the fourth ...

INT. on global expansion path; to hire 2,500 in next 3 years with key focus on leadership hiring

New Delhi [India], May 26 (ANI/PRNewswire): Indus Net Technologies (INT.), the technology partner for leading brands across four continents, is ...

The Economic Times Best Organisations for Women Summit, 2022 Second Edition

New Delhi [India], May 26 (ANI/Mediawire): The rise in women's workforce is one of the world's most remarkable economic development, ...

Latest Developments in Ukraine: May 26

For full coverage of the crisis in Ukraine, visit Flashpoint Ukraine.The latest developments in the conflict between Russia and Ukraine. ...

Bill Gates paid millions to derail Elon Musk's plans media

The Microsoft magnate has funded an effort to block the SpaceX founder's Twitter takeoverThe Bill and Melinda Gates Foundation has ...

Five Ways Climate Change Is Making Poor People Poorer

Heat waves like the ones roasting South Asia this year don't just sap people's strength. They drain people's finances in ...

Pakistan Police Fire Tear Gas at Imran Khan's Anti-Government Rally

ISLAMABAD - As former Pakistan Prime Minister Imran Khan led an anti-government rally to Islamabad on Wednesday to press his ...

Ukraine war: rising food prices are not the only global economic fallout

As the war in Ukraine heads into its fourth month, its economic consequences are becoming more apparent and begin to ...

Six Ways Climate Change Is Making Poor People Poorer

Heat waves like the ones roasting South Asia this year don't just sap people's strength. They drain people's finances in ...

Negotiation is on to import cheaper oil from Russia: Finance Ministry sources

New Delhi [India], May 25 (ANI): India is in discussion and exploring the possibilities to buy cheaper oil from Russia ...

RBI cancels registration of five NBFCs due to irregular lending practices

Mumbai (Maharashtra) [India], May 25 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has cancelled the Certificate ...

People can't be left to mercy of miscreants: Nawaz Sharif slams PTI chief over long march

London [UK], May 25 (ANI): Slamming Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan over his long march, PML-N supremo Nawaz Sharif ...

Ruble on a tear against dollar, euro

The currency has grown stronger despite loosened capital controlsThe Russian ruble set another multi-year high against both the US dollar ...

Pakistan: Over USD 13 billion debt incurred in 10 months

Islamabad [Pakistan], May 25 (ANI): Pakistan's failure in handling its economy is an unpleasant result of its own actions as ...

Firework closes USD 150M SoftBank Vision Fund 2-Led series B to continue to build future of commerce

Mumbai (Maharashtra) [India], May 25 (ANI/PRNewswire):The announcement comes as public sentiment towards Big Tech's "walled-gardens" - the large, closed ecosystems ...

World Economic Forum: Andhra govt signs 3 MoUs, AMNS India announces Rs 1,000 crore investment

Davos [Switzerland], May 25 (ANI): ArcelorMittal Nippon Steel (AMNS) India on Tuesday announced that it will invest Rs 1,000 crore ...

US to End Russia's Ability to Pay International Investors

Washington - The U.S. will close the last avenue for Russia to pay its billions in debt back to international ...

IMF warns of further downside risks for global economy

© Provided by Xinhua When talking about her outlook on the Chinese economy, Gopinath said, if China can deal with ...

Why Britain really can't afford to cut civil servants right now

A letter leaked to the BBC has revealed that the UK government aims to cut up to 91,000 civil service ...

SC stays NGT order imposing Rs 15 crore penalty upon Coca Cola bottling unit

New Delhi [India], May 24 (ANI): The Supreme Court has stayed the National Green Tribunal (NGT) order which imposed a ...

Punjab CM directs tourism department to invite global tenders for prestigious project 'Pind Babe Nanak Da'

Chandigarh [India], May 24 (ANI): Punjab Chief Minister Bhagwant Mann on Tuesday directed the Tourism and Cultural Affairs department to ...

Top investor Rubenstein voices confidence in China's economy

© Provided by Xinhua In March, China set its economic growth target at around 5.5 percent for 2022, after it ...

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Top seed Iga Swiatek rolls into French Open third round

Top-seeded Iga Swiatek of Poland cruised into the third round of the French Open on Thursday with a straight-sets win ...

Greece's recovering tourism industry struggling with staff shortage

© Provided by Xinhua Many businesses in the tourism industry are struggling to find personnel to fill in thousands of ...

Chinese language, culture in vogue among Turkish youths

© Provided by Xinhua by Burak AkinciANKARA, May 26 (Xinhua) -- Muberra Batuhan, a young teacher considering China as her ...

Safe passage opens through Azov Sea Russia

The corridor was established on Wednesday and is open every day, the Russian military saidA safe route for ships has ...

National record-holding athlete Sreeshankar Murli wins Gold in long jump at 12th International Jumps Meeting at Greece

Athens [Greece], May 26 (ANI): National record-holding long jumper Sreeshankar Murli won a gold medal in long jump at the ...

Hospitals in Lebanon face shutdown risks amid foreign currency shortage: Report

Beirut [Lebanon], May 26 (ANI/Xinhua): Lebanon's syndicate of private hospitals warned on Thursday that many Lebanese hospitals are facing the ...

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Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...

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